Iran Threatens To Restart Its Nuclear Program On 'Industrial Scale'

The foreign ministers of Germany, France and the United Kingdom are scheduled to hold emergency talks over the subject with Iranian representatives in Brussels on Tuesday. Aside from the mounting military tensions between Iran and Israel, oil prices are rising on the uncertainty.

Mr Johnson said before the meeting: "We will be looking at all the ways we can come up with to protect legitimate United Kingdom and European businesses who may want to trade with Iran, who do want to trade and have great plans to do that".

Speaking to the newspaper "BILD", justice minister Maas recently cautioned in a similar fashion that he saw "no easy solution" to excluding German firms from the economic fallout of USA punitive measures aimed at Iran.

"In our contacts with Iranian and Israeli leadership we stressed the necessity to avoid actions that could be mutually provoking", Lavrov said, speaking at a news conference in Moscow, following his meeting with his German counterpart Heiko Maas.

China's Xinhua News Agency also reported on May 9 that China's special envoy for the Middle East, Gong Xiaosheng, said after meeting with Iranian officials that the multilateral deal is "very serious and important".

The Japanese FM on Wednesday had said his country is unhappy with the United States withdrawal from Iran deal and will make efforts to preserve it.

"Since the signing of the JCPOA [nuclear deal], we have gone from an atmosphere like a gold rush, to one of utter depression", said a Western trade diplomat on condition of anonymity.

Mr Tusk famously said before the 2016 US election that ‘one Donald in international politics is enough

Iran and the European Union will hold a ministerial meeting in Brussels next week following the USA pullout from an global deal on Tehran's nuclear development, a senior Iranian diplomat told Kyodo News on Thursday.

The two countries are also signatories to the deal. "Therefore, our talks would also discuss the issue of how to make it possible to continue trade with Iran", he said.

The European Union exported almost -11 billion ($13 billion) in goods to Iran in 2017, a 66% increase from 2015.

Le Maire said France is pushing for exemptions for its companies, but that he has "no illusions" about a generous American response.

Europeans are seeking to demonstrate that they can still deliver most of the economic benefits Tehran was promised in exchange for limiting its nuclear program and allowing a robust system of worldwide inspections, as well as persuade European companies active in Iran not to abandon their deals out of fear of being penalized by the U.S.

This last part is the repetition of a lie which Iran has been telling for more than a decade.

Iran says it is ready to restart its nuclear program on an "industrial scale" in the wake of the decision by US President Donald Trump to abandon the deal that curbs the country's nuclear ambitions. "We will have to discuss that with Iran".